1 of 32
$239,000

2932 NE 14th St, Gainesville, FL 32609

3 beds · 1 baths · 1,455 sqft sqft

Welcome to this stunning three bedroom, one bathroom home in Highland Court Manor. This home has undergone updates galore, showcasing modern and stylish finishes throughout.As you step inside, you'll immediately notice the attention to detail and craftsmanship. The kitchen and bathroom have been completely transformed with brand new features. The kitchen boasts white shaker cabinets, stainless steel appliances, and elegant marble tile floors, creating a sleek and contemporary space. The common area of the home features new luxury vinyl plank flooring, providing durability and a modern aesthetic. Hard floors in most of the home with carpet in the generously sized bedrooms. The Living room and bedrooms also feature beautiful exposed beams. One of the highlights of this home is the fully fenced-in back yard, offering privacy and a safe space for outdoor activities and entertaining. Whether you're hosting a barbecue or enjoying a quiet evening under the stars, this backyard is the perfect retreat.In addition to its stunning interior and outdoor space, this home also boasts recent updates. The roof was replaced in 2021, ensuring peace of mind and protection from the elements. The HVAC system was updated in 2019, providing efficient and reliable heating and cooling throughout the year. The carport was enclosed by the previous owner which creates the perfect "flex space" for an office, den, playroom, craft room, storage room, workshop, or whatever else may suit you. This extra room and laundry room both also have heating and air. Another advantage of this property is the absence of an HOA, giving you the freedom to personalize and enjoy your home without any additional restrictions or fees. Don't miss the opportunity to make this beautifully renovated three bedroom one bathroom home in Highland Court, Manor your own. Schedule a showing today and experience the modern comfort and style it has to offer.

Interest rate 3
4.6%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$467
With Roam
$558
Reduce your monthly payments by $91 when you assume this mortgage.
You also save $26,211 in total interest paid.

$157,740
Edit

You may be able to put down less than the total down payment amount of $157,740 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
1,455 sqft
Lot size
0.23 acres
Year built
1963
Type
Single Family Residence

Source: STELLAR #gc521935

Loan
Remaining term
23 years, 11 months
Rate
4.6%
Monthly P&I
$467
Remaining loan balance
$81,259

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Frequently asked questions

What is Roam?

expand content

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

expand content

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

expand content

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Will an assumption work for me?

expand content

An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

expand content

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

View all FAQs
Last updated: Oct 23, 2024 09:42 am
Listing agent: Katie Heysel (352) 226-2160
Listing provided courtesy of: GATOR HOMES REALTY, LLC (352) 226-0571
Details provided by STELLAR and may not match the public record.
MLS ID: #gc521935
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$467/mo
View details